Nerdwallet (Nerdwallet) Interest Expense : $-0.8 Mil (TTM As of Mar. 2024)

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What is Nerdwallet Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nerdwallet's interest expense for the three months ended in Mar. 2024 was $ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Nerdwallet's Operating Income for the three months ended in Mar. 2024 was $ 3.7 Mil. Nerdwallet's Interest Expense for the three months ended in Mar. 2024 was $ -0.2 Mil. Nerdwallet's Interest Coverage for the quarter that ended in Mar. 2024 was 18.50. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nerdwallet Interest Expense Historical Data

The historical data trend for Nerdwallet's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nerdwallet Interest Expense Chart

Nerdwallet Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.10

-1.30

-2.50

-0.80

Nerdwallet Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-0.20	-0.20	-0.20	-0.20	-0.20

Nerdwallet Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.8 Mil.

Nerdwallet (NAS:NRDS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nerdwallet's Interest Expense for the three months ended in Mar. 2024 was $-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was $3.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.0 Mil.

Nerdwallet's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	3.7	/	-0.2
	=	18.50

The higher the ratio, the stronger the company's financial strength is.

Nerdwallet (Nerdwallet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nerdwallet Inc (NAS:NRDS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

6OI:Germany

Address

55 Hawthorne Street, 11th Floor, San Francisco, CA, USA, 94105

Website

https://www.nerdwallet.com

Nerdwallet Inc is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare, personal loans and airlines.

Executives

Maurice Kevin Taylor	director	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Tim Chao-ming Chen	director, 10 percent owner, officer: Chief Executive Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kevin Yuann	officer: Chief Business Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Samuel Yount	officer: VP, General Manager	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
John Caine	officer: Chief Product Officer	350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Lauren Stclair	officer: Chief Financial Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kelly Gillease	officer: Chief Marketing Officer	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Lynne Marie Laube	director	C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Thomas Loverro	director	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Jennifer Ceran	director	C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Kenneth Thomas Mcbride	director	STAMPS.COM INC., 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Robinson James D Iii	director	ONE COCA-COLA PLAZA, ATLANTA GA 30313
Innovius Capital Gp I, Llc	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 3720, SAN FRANCISCO CA 94111
Jules A. Maltz	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025